How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Bizhelp Your Own Question
Bizhelp, CPA
Category: Homework
Satisfied Customers: 5884
Experience:  Bachelors Degree and CPA with Accounting work experience
Type Your Homework Question Here...
Bizhelp is online now
A new question is answered every 9 seconds

The property of Lances Garage is worth $90,000. Lance has

Resolved Question:

The property of Lance's Garage is worth $90,000. Lance has a fire insurance policy of $40,000 that contains an 80 percent coinsurance clause. The insurance company pays on a fire that causes $60,000 damage:

1. $27,777.78
2. $27,777.87
3. $33,333.33
4. $33,334,00
5. None of these
Submitted: 6 years ago.
Category: Homework
Expert:  Bizhelp replied 6 years ago.

You need to spend $3 to view this post. Add Funds to your account and buy credits.
Bizhelp and other Homework Specialists are ready to help you

Related Homework Questions